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Thursday, 20 May 2010

Noble's dividend: $0.050447

The Directors hereby announce that the Applicable Exchange Rate in respect of the Final Dividend is US$1.00 : S$1.4013. Based on the Applicable Exchange Rate, the Singapore dollar amount of the Final Dividend to be paid is Singapore 5.0447 cents per Shar
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Createwealth8888:

Under such market condition, I don't think I will be able to sell Noble any sooner so I have to be happy in collecting 2.5% average dividend yield.
Posted by Createwealth8888 at 19:44
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2 comments:

  1. Hi,

    How did you get 2.5%? Using bonus adjusted prices I suppose? Shouldn't it be based on CD prices ~ abt 1.6%++? The bonus issue shouldn't be applicable for the dividend anyway, so the yield should be based on adjusted prices i think.

    Anyway, maybe can consider taking up in scrips instead of cash since Noble has fallen quite low recently. Plus can top up the odd lots from the bonus issue. Food for thought!

    ReplyDelete

  2. That is my average dividend yield. Sorry if you have been mislead.

    ReplyDelete

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